This course is an introduction to the use of laboratory methods in economics for undergraduates. Much of the course will be a
review of some of the more exciting things economists have discovered about markets, human rationality and
human sociality through experimental inquiry. However, the course will also cover important methodological
tools used in designing, running and making use of experimental data. Throughout the course you will run,
participate in and analyze sample classroom experiments, exposing you to a wide variety of experimental designs.

In addition, much of this class will center around readings posted on this website. These readings are not optional or supplemental but are essential parts of the class. You are expected to read these throughout the course. It is also highly recommended that you skim these readings while finding a topic for your class project.

group_6_assets

group 6 assignment

dates

Run experiment:October November 28

part 1 assignment

Run Experiments related to Chapter 11 using Veconlab at http://veconlab.econ.virginia.edu/lom/lom.php
(you will need to register for Veconlab using the subscription in the opening
of your book to access the software).
Experiment will be run in the EBEL experimental economics lab.

materials

A computer lab (we will be using the EBEL lab in North Hall) and you
will need to sign in as an administrator to veconlab to set up the
experiment. It is important that you
test your settings and understand the software ahead of time on your own
computers or in an on-campus computer lab and are prepared for any
contingencies.

part 2 assignment

Produce a plot similar to figure 11.1. Compare to results from chapter 11 and
describe what happened in the experiment.